A good example of an already completed bullish Wedge pattern. All elements of the figure are clearly visible on the chart. Preceding downtrend, 5+ touches of trend lines, breakout of the resistance line, and correction to growth. Now the price will continue to rise. The price should rise by the volume of the previous trend, so we expect it to rise to the level of 1.295.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.